A conservative, fixed or variable interest product for investors seeking a stream of predictable income. The product is quite similar to a GIC and may be issued to qualified institutional investors.
Funding Agreements offer a fixed term of investment and competitive fixed interest rate or floating interest rates based on the one- or three-month London Interbank Offered Rate (LIBOR) plus a basis point spread determined at the time of purchase.
Early Termination Option
The contract holder and United of Omaha Life Insurance Company may discontinue the contract for any reason with 30-90 days notice prior to the last day of the interest rate period.
For more information, please contact John Fischer at John.Fischer@mutualofomaha.com.